Texas LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Texas is easy, fast, and affordable.
| Texas LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Texas Filing Fee | $308.1 |
| Total | $407.1 |
Naming the LLC
The name of the limited liability company must contain the words “limited liability company” or any abbreviation thereof.
Required Information
You will need to provide the name and mailing address of your LLC, the Registered Agent's name and physical address, the name(s) and address(es) of the member(s) of the LLC, and the name of the organizer of the LLC.
Steps to Forming a Texas LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Texas Secretary of State within one business day.
Processing time can vary, but Texas filings typically take 1 week. When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Texas.
Texas LLC Advantages
- Texas LLCs are usually approved in 1 week.
Maintaining an Texas LLC
It's not hard at all. Each Texas LLC is required to file an annual report. The annual report is due May 15 of each year. The fee is 1% of gross receipts over $1,000,000. The report and the fee can be completed and paid easiy online.
Making Changes to Your LLC
Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $150.00 or less.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Texas very easy.